A credit entry of Rs450 on X's account in the books of Y could have arisen by ?

Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Next Question:
A corporation received a check from a client sum of $10000. And corporation endo...
Posted by:
Moataz Ali Sobhi
06-August-2015

accounting Journal entries

Retail Accounting Accounting Credit Journal Entries

Question ajoutée par Sheeraz Khan , GBO , MCB Bank Limited
Date de publication: 2017/08/12

Apprécier (0) Vues (11) Suiveurs (4) Réponses (4) Report Question

Ajoutez Une Réponse
Inscrivez-vous ou connectez-vous pour répondre.

4 Réponses

par Osborn Tyler , Store Manager , Transguard Group

I'm seriously considering a mortgage. But getting a loan is not easy. AmeriSave reviews helped me take out a mortgage loan without any fuss. The professional team promptly processed all the documents, advised me on the best terms and options. Thanks to AmeriSave, I saved time and effort in finding a favorable loan.

Apprécier (0)

Déprécier Réponses () Rapport

par Naeem Aslam , Group Tax Consultant , Tech Group PJSC

It could be services randered by X amd amount is still payable. It is also possible x has overpaid to Y which need to be refund to X.

Apprécier (0)

Déprécier Réponses () Rapport

par Sulaykumar Jasvantlal Bhatt , Account Manager , Mangal Sai 'trade Wings Pvt. Ltd.

Y has created a credit entry in X's Account.

Apprécier (0)

Déprécier Réponses () Rapport

par Dickson Jakinda , Revenue Accountant , Siginon Group Ltd

If you are speaking in terms of debtors, then the credit entry could have arisen due to payment by to Y via direct bank deposit, sales returns and also discounts.

Apprécier (0)

Déprécier Réponses () Rapport